Image Source: © Herrbullermann | Megapixl.com
The Australian share market opened higher on Monday.
The ASX 200 rose 18.70 points, or 0.26% to 7.083 at the open.
The ASX All Ordinaries index rose 0.235% to 7,342.1.
The Australian share market opened higher on Monday after Wall Street closed on a positive note in overnight trade. However, weaker-than-expected economic data in China and nervousness ahead of release of Reserve Bank of Australia's (RBA) monetary policy meeting minutes may keep a tab on the gains.
Theâ¯ASX 200â¯index rose 18.70 points, or 0.26% to 7.083 at the open. The ASX All Ordinaries index rose 0.235% to 7,342.1, while the A-VIX rose 1.296% to 14.147 at the open. The benchmark index closed 0.45% higher at 7,064.3 points on Monday.
The benchmark index was trading at 7,106.90, up 42.60 points or 0.60% in the first 10 minutes of the trade. The index has gained 0.76% in the past five days but has declined 4.86% on a year-to-date (YTD) basis.
The benchmark 10-year Treasury yields fell 2.795%. On the other hand, the US dollar index surged 0.785%, while the euro fell 0.97% to US$1.0158.
Data Source: ASX (as of 16 August 2022, 10:30 AM AEST)
Image Source: © 2022 Kalkine Media®
PointsBet was the top gainer, while Challenger was the top loser.
Meanwhile, on the ASX, consumer staples and utilities were the best performing sectors, both rising over 1%.
The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and